Litigation Funding news – Page 61
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Appeal over criminal legal aid decision 'still on the cards'
Legal Aid Agency updates Crown court fee position following High Court defeat.
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MoJ urged to break DBA deadlock in LASPO review
Call comes following concern about the limited take-up of a change meant to increase access to justice.
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Litigation funders back twin 'truck cartel' claims
National firm Weightmans, as well barrister sets Matrix Chambers and Kings Chambers, say they have set up one of the largest claims in UK legal history – an ‘opt-out’ class action dispute over alleged anti-competitive behaviour by European truck manufacturers. Claimant UK Trucks Claim (UKTC) has issued proceedings at the ...
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Transparency rules approved as firms prepare to publish prices
Legal Services Board says plans should help promote competition and improve access to justice.
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Costs blow for tardy defendant with 'worse than hopeless' case
Court rules claimant ‘virtually succeeded’ with Part 36 offer accepted 15 months later.
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Legal consumers report satisfaction - but still won't shop around
Almost nine in 10 legal services consumers are satisfied with the outcome of their matters, watchdog reports.
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News focus: Part 36 under the microscope
Does the Hislop v Perde judgment mean defendants might be tempted to defer accepting an offer to game the system? And is Part 36 fit for purpose if it allows such behaviour?
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Burford profits climb as litigation funding market keeps growing
International financier Burford says it has captured 60% of fast growing market.
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CoA: Claimant limited to fixed costs even where Part 36 accepted late
Long-awaited costs judgment in Hislop v Perde finds in favour of defendant.
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Holiday slip and trip claims avoid the fixed costs net
Government warns it will not hesitate to extend fixed fees if other claims go up suddenly.
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CoA refuses costs 'carte blanche' to cases with multiple defendants
Judge also makes important ruling on recoverability of damages secured through Tomlin order.
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City firm slammed for ‘shameful’ berating of dead oligarch’s family
Aeroflot case has been discontined but Pinsent Mason’s behaviour called into question.
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Call for 'urgent legal reform' as clin neg damages soar 50%
Clinical negligence litigation has fallen to its lowest level ever - but damages payments rocketed by £549m last year.
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Appeal against trimmed hourly rates in clin neg case fails
Claimant had appealed the decision of Master Nagalingam that their costs for fighting £20m case were too high.
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Costs judge applies 'wider criteria' in proportionality dispute
Student’s costs are preserved after court rules it would be wrong for her to pay.
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Funder Augusta raises £150m from single investor
Litigation funder Augusta has raised £150m from a single investor to add to its litigation warchest, it revealed today. It is understood that the cash has come from a blue chip investor. Augusta set up in 2014 and has so far committed £98m in funding for 162 cases. Until now, ...
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Court finds abuse of process did not affect limitation period
Guidance from Court of Appeal now required, says Mr Justice Andrews.
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Regime for challenging legal bills may need reform – judge
‘Byzantine’ Solicitors Act fails to give clarity to clients of law firms on precisely how and when they can query what they are charged.
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We got it wrong: MoJ admits overcharging for court fees
Embarrassing admission following Gazette investigation into fee-charging policy.
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Jackson gives LASPO thumbs up as MoJ begins costs review
Justice officials to look at all aspects of the 2013 costs reforms.